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Kenya: Government allocates additional KES 36 billion for Kenya Airways bailout

Description

On 15 April 2022, the government of Kenya allocated bailout funding to Kenya Airways in the amount of KES 36 billion (USD 288 million). The allocation comes on top of KES 20 billion (USD 160 million) ...

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Intervention Details

Intervention Type

Equity stake

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Apr 2022

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Products

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